Articles tagged “universal orlando”

Universal Orlando is building a fourth complex in Florida, with a "celestial" park as its hub. But it remains to be seen if visitors believe the $1 billion Epic Universe theme park can outshine the magic of the company's larger rival, Disney.

The trend of themes in vacation rentals is niche, but popular — is it also a viable investment in the long-term?

While other hotel groups shed assets, Loews keeps buying more. While others shy from convention businesses, Loews bets on big groups. When everyone is going one way, it opens up an opportunity for others to exploit contrarian paths.

The idea that a giant tourist attraction like Disney could fall victim to price sensitivity, especially under the current macro economic conditions, is telling. It further underscores that if theme parks are going to charge an arm and a leg, they need to deliver an experience worth the price tag, to remain competitive.

A planned passenger rail link between Orlando and Tampa got a big boost Thursday. Universal Orlando Resort has pledged $125 million in funding towards construction of an 11-mile rail corridor…

The pandemic slammed revenue at amusement parks, but it was a one-off problem. Looking ahead, operators must market the appeal of season passes to help cope with flatlining attendance.

The pandemic is handing an edge only to those rare theme park operators with cash cushions to invest in new tech.

The first quarter is a popular time for travelers to start planning spring break and summer travel. Based on TV spending estimates for the first quarter, it's clear that the top spending brands such as Southwest Airlines, Trivago.com and Royal Caribbean are bent on getting Americans enamored with the thought of summer vacations.

With confirmation that it bought another 475 acres adjacent to an existing theme park, Universal's parent company showed that it's not content to depend just on a magic wand.

Considering the holiday crush of guests, this will result in long lines — and safer parks.